Amazon’s India unit sees 56% rise in export merchants

BENGALURU: Amazon.com Inc’s India unit saw a 56 percent rise in the number of local merchants selling to international markets, hitting export sales of over $1 billion, the company said on Tuesday.

Indian merchants were exporting more than 140 million products on Amazon’s app and website, with cumulative sales expected to top $5 billion in the next four years, country head Amit Agarwal told reporters in Bengaluru.

Amazon launched its Global Selling Program in 2015, as part of its efforts to get more small-and-medium sized vendors on board. Vendor consolidation is key in India, which is among the Seattle-based company’s top growth markets.